Exit Case: Agnico Eagle Mines Limited 

Agnico Eagle Mines Limited (NYSE: AEM) is a Canada-based and led senior gold mining company engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of exploration and development projects.  AEM has been a part of the 'Momentum Model Portfolio' since May 20, 2025. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the close market price of USD 117.62 as on May 23, 2025. 

AEM’s Daily Chart

New Entry Case: Super Micro Computer, Inc (NASDAQ: SMCI) 

Super Micro Computer, Inc (NASDAQ: SMCI) offers comprehensive, application-optimized IT solutions. The company specializes in rack-scale systems tailored for demanding workloads such as artificial intelligence and high-performance computing, where enhanced processing power is essential. 

Technical Analysis: On the daily chart, SMCI's price is holding support levels, indicating the possibility of an upward reversal in the near future. The 14-period RSI is close to the midpoint and could signal a bounce to the upside, supporting the development of buying momentum. With the company's resilience and stability, the likelihood of a continued uptrend grows, boosting the chances of revisiting previous highs. SMCI seems well-placed to leverage its momentum and secure gains in the short term.

SMCI is recommended as a new entry in the 'Momentum Model Portfolio' as on May 27, 2025. Considering technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the close market price of USD 40.09 as on May 23, 2025.

SMCI’s Daily Chart

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of May 23, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.